Harris Bank St. Charles v. Weber

On February 14, 1994, the trial court entered an agreed judgment of foreclosure against three parcels of property at 33 W 749 Reed Road in Geneva, Illinois. The proceeds from the judicial sale of the property were insufficient to satisfy the claim of defendant-counterplaintiff, Theodore R. Ranney, as trustee of the Theodore R. Ranney Trust (Trust), the holder of a junior mortgage given by defendants Ray Weber and Bruce Dent. On September 20, 1994, the Trust obtained a deficiency judgment of $320,708.24 against Weber and Dent. In October 1996, Weber filed a motion to strike the sheriffs sale…